Endowments and Donations
The Antarctic Research Centre Development Fund comprises financial support through endowments and donations from alumni and friends, many of whom have expressed their support for the Centre in the past.
The Development Fund managed by the Victoria University Foundation, with interest income used to fund scholarships and research, and the capital retained in perpetuity. The Endowed Development Fund supports the work of the Centre by providing funds for students to conduct research into the Antarctic, and for other emerging research opportunities.
The Antarctic Research Centre gratefully acknowledges the support of both Lee Seng Tee for his endowment which supports both the S.T. Lee Lecture in Antarctic Studies and and S.T. Lee Travel Award, and Mr Alan Eggers, whose donation will be for continuing climate change research.
S.T. Lee Lecture Series
The S.T. Lee Lecture Series in Antarctic Studies was established by a NZ$150,000 endowment from Singaporean philanthropist Lee Seng Tee.
The high-profile lecture series is designed to recognise and bolster the University's strong contribution to Antarctic research.
Dr Lee has established important lecture series at academic institutions throughout the world, including Oxford, Cambridge and Harvard, spanning topics in humanities, military history, public policy and government. The Victoria-based S.T. Lee Lecture in Antarctic Studies covers environment and scientific research in Antarctica and is the first Lee lecture series in the Southern Hemisphere.
Dr Lee's endowment, established through the Victoria University Foundation, recognises the University's tradition of Antarctic research since 1957, and is an opportunity to showcase Antarctic research by world experts to the New Zealand community.
Dr Lee followed his first gift with a gift of NZ$150,000 to establish the S.T. Lee Library in Antarctic Research at Victoria.
S.T. Lee Travel Award
Since 2004, the S.T. Lee Travel Award provides funding for exchange visits between the Antarctic Research Centre (ARC) of Victoria University of Wellington and the International Arctic Research Center of the University of Alaska Fairbanks (IARC) for the purpose of promoting Arctic and Antarctic research.
These visits have been made possible through the endowment from the Lee Seng Tee Foundation and will cover travel and an allowance for a period of one to four weeks.
The Alan Eggers Fund
Victoria University geology graduate, Mr Alan Eggers, generously donated $1million to theAntarctic Research Centre to accelerate its research into past and future ice sheet behaviour in the face of global warming.
He said he was delighted to be able to "give something back" to the University for his time on the ice as a member of the 1975 VUW Antarctic Expedition.
Mr Eggers noted increasing concern from both scientists and the community regarding the response of the Antarctic to climate change, and thought more funding was required in this area to better understand the impacts and possible outcomes of continued carbon emissions on climate. He said, "The Centre is recognised as a world leader in this field of research and both the Centre and its researchers are positioned to make a major contribution to our knowledge on climate change”.
The donation has been invested through the Victoria University Foundation and will be used in three main areas: